[quote=bucko]

We'll see where it shakes out in 5 years but I'm putting my 401k money in HRB stock. I hope it goes lower. [/quote]

I think you have your wish.....

[quote=anabuhabkuss][quote=Soothsayer]

"UBS recently intiated a buy.  I assume they've done some research, right?"

Yes, and how many firms on the street had sell ratings on WorldCom?  Enron?  Too extreme for you?  How about the meltdown known as Fannie Mae?  More recently, Harley Davidson?  Typical Wall Street groupthink.  Yeah, those CFAs and analysts are all wizards.  I shorted 3 of the above 4.  I'm confident that I'll be right again.  Then, you'll know why I have clients.

[/quote]

I hope it doesn't hurt to be wrong. HRBFA stock went up 5 points today.

[/quote]

I covered up part of my position a few weeks back at just over $20, booking a 20%+ gain for myself and several clients in just over 1 year (long-term capital gain).  I still think the worst is yet to come.  But, with the stock price in the toilet, and trading at just 13x earnings, the board might be ready to wake up and shake up.